We spend the bulk of our working lives building a nest egg to see us through our post-retirement years. It takes effort, dedication and discipline. It makes sense that we want control over these assets, that we want some say in how they are managed and invested. For those who want to take an active role in their superannuation, an SMSF is an attractive prospect.

But it’s not straightforward. Apart from staying compliant amid all the regulations, there’s the daunting prospect of being across all investment opportunities and discriminating wisely. When it comes to setting up and running your own superannuation fund, it pays to seek SMSF advice.

How can we help with SMSF advice?

Complexity

An SMSF will give you more control, but it’s a more complex affair for you than handing everything over to an APRA-regulated super fund. It’s time consuming and difficult to run an SMSF entirely on your own. It’s wise to seek SMSF advice for at least some administrative tasks, but you want to make sure you are getting the right advice.

This particular area requires experience and accreditation, both of which are present at Pride Advice. We have a long history of providing informed and considered recommendations to our clients that see their SMSFs reach goals and deliver on expectations.

Compliance

SMSFs come with a labyrinth of rules and regulations. As a trustee or director, it’s your responsibility to make sure your fund is compliant. We’ll work with you to ensure you navigate this complex world successfully and still meet the objectives you’ve set for your SMSF.

Investment

Many people find SMSFs attractive because of the greater array of investment opportunities. Taking advantage of these and making the right calls is what makes an SMSF worthwhile. However, making sure you’re across all opportunities is time consuming and daunting, particularly if you’re not already familiar with the world of investment. Fortunately for you, we are. We implore our clients to take ruthless advantage of our research and experience. It’s what we’re here for.

Not sure if an SMSF is right for you?

Fair enough! There’s a lot to think about. The best thing you can do is sit down with an SMSF adviser so they can get to know you, your financial profile and your goals. Only then can they give an informed recommendation. If you decide to go ahead with a self-managed superannuation fund, we can help you with the setup process, decisions on structure and investment strategy, transitioning to retirement and estate planning.